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Macroeconomics goals are best met by the public sector as they are the driving force of the economy.
1-Price Stability 2-Consistent economic growth 3-Full employment 4-Good Balance of Payment
1. Economic Growth 2. Economic Development 3. Price Stability 4. Full Employment 5. External Equilibrium Cheers..
There are four actually: 1. To achieve economic growth; 2. Pursuit of full employment; 3. Price stability the lesser the inflation the better and vice versa; and 4. Pursuit balance of payments stability.
A GEAR strategy is a South African Macroeconomic strategy that was implemented in 1996 after the misimplementation of the initial economic strategy RDP. GEAR stands for Growth Employment and Redistribution. The key pillars of GEAR when it was introduced was to reduce the fiscal deficit which was 9% in the fiscal year of 1993/4. However it has four more objectives that are embedded on this strategy namely: economic growth, full employment, price stability and balance payment stability.
1. To create stable, economic growth. 2. To have full employment and low unemployment. 3. To have stable stable prices.
growth, stability, employment, economic citizenship
1. Economic growth 2. Price stability 3. High employment
It would have a negative impact on growth and employment. There's no reason it would have any effect on general prices.
High employment, steady growth, and stable prices.
The macroeconomic paradoxes are Wage-cut and Employment,Paradox of saving, Higher Taxation-Assures Economic Growth,Higher Wages lead to Reduction of Profit and Paradox of higher Wages.
Potential growth refers to the maximum capacity an economy can grow at, it is always greater than actual growth because an economy cannot realistically function at full capacity. By full capacity i mean full employment, using all resources the most efficient way. Technically there shouldn't be any macroeconomic problems resulting from that because actual growth is always below potential growth, but if it gets further away then it could eventually lead to a recession.